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CDB CONTINUES REGIONAL CAPACITY BUILDING ON PROCUREMENT

President of the Caribbean Development Bank Dr Gene Leon


September 7, 2022 | By Colin O. Jarrett |

The Caribbean Development Bank (CDB) continues to provide support to build modern, efficient, transparent and accountable institutions and promote good governance.

This is as the entity executes new training on procurement under CDB-financed projects through an e-learning platform.  An introductory procurement course has just been launched with a module focusing on procuring consulting services and procuring goods, works and non-consulting services to follow.

These support the Bank’s efforts to ensure value for money and efficiency are achieved on funded projects and associated developmental outcomes realized in a timely manner.

CDB approved a new procurement framework in 2019, which applies to all projects approved from November of that year.  The framework reflects international best practice while catering to the unique needs of the region.

These learning courses support the successful implementation of the updated procurement framework.  Interest in the training is high as over 200 persons from across the region are participating in the first offering of the initial face-to-face and online sessions.

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